Residential Development Land
For Sale
$300,000
Pending
245 LOT 1 Reservoir Rd, Smithfield, RI 02859
Residential land lot with reservoir views, offering a canvas for a new home or development project.
Property SizeContact for details
Days on Market63
Property Features for 245 LOT 1 Reservoir Rd
General Information
Standard status
Pending
Property subtype
Land
Listing Agency:
Coldwell Banker Real Estate LLC
(401) 533-7747
Listed By:
Lisa Barbary · License #RES.0041046
(401) 533-7747
Source:
Elliman
Added: Jun 12
Changed: Aug 8
Last Checked: Aug 8 at 7:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Real Estate LLC
Investment Insights
Based on property information with market context.
This listing offers a residential land and home lots parcel available for sale at 245 Lot 1 Reservoir Rd. The property is described as a serene setting with reservoir views, providing a foundation for a new custom home or residential development concept. Public remarks also indicate that some of the lot lies within Lincoln, while the address is in Smithfield.
The site is positioned along Reservoir Rd and is presented as part of a broader opportunity for builders and investors. The remarks note the possibility of purchasing additional remaining lots as a package, with the full details referenced in the MLS. WalkScore and bikeScore information provided suggests a primarily car-dependent area, with “somewhat bikeable” conditions.
For buyers, this parcel may fit well for those seeking a residential building site with scenic water views and a location that balances quiet surroundings with access to regional employment and amenities. The property’s proximity to Providence, Worcester, and Boston is referenced in the remarks, supporting its appeal for purchasers planning for commuter-friendly living.
The site is positioned along Reservoir Rd and is presented as part of a broader opportunity for builders and investors. The remarks note the possibility of purchasing additional remaining lots as a package, with the full details referenced in the MLS. WalkScore and bikeScore information provided suggests a primarily car-dependent area, with “somewhat bikeable” conditions.
For buyers, this parcel may fit well for those seeking a residential building site with scenic water views and a location that balances quiet surroundings with access to regional employment and amenities. The property’s proximity to Providence, Worcester, and Boston is referenced in the remarks, supporting its appeal for purchasers planning for commuter-friendly living.
Key Highlights
- Residential land lot with reservoir views on the Smithfield/Lincoln line
- Some of the lot is located in Lincoln, with the lot also in Smithfield
- Opportunity to buy a single lot or purchase the entire package of the remaining 4 lots (see MLS for details)
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Explore this area
Business Placement
Demographics for 02859, RI
6,701
Population
2,465
Households
2.7
Avg Household Size
42
Median Age
23%
College-Educated
94%
High-School Grad
27.6 sq mi
ZIP Area
243
Density / Sq Mi
$118,662
Median Household Income
$43,417
Median Earnings
$1,223
Median Rent
$361,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential land lot with reservoir views, offering a canvas for a new home or development project.
Where is this residential land & home lot located?
The property is located at 245 LOT 1 Reservoir Rd Smithfield, RI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Residential land lot with reservoir views on the Smithfield/Lincoln line; Some of the lot is located in Lincoln, with the lot also in Smithfield; Opportunity to buy a single lot or purchase the entire package of the remaining 4 lots (see MLS for details)
